All Forum Posts by: Jacob Grennell

@Brian Gerlach could even get a business loan and only be in around 80k. In my opinion that's a pretty good return. Plus everyone knows there is extra profit to be found in franchises just by paying attention to where the money is going. I think it's a creative way to build capital and net worth with proven businesses.

@Brian Gerlach so at first obviously there would be work getting it to stabilize but after that it's pretty hands off. I know someone that does it with fitness centers and hes completely hands off. He has managers for each one them and a regional manager to oversee it all while him and his team focus on realestate. Hire a cpa to do all the financials and let it go. Worst case scenario 300k for start up I can get some things waved or discounted. So right now I'm working on getting that info.

@Brian Gerlach little ceasers because I'm active duty military so they wave or discount alot of the start up, it's the fastest growing pizza chain and the average take home is around 40k

@Scott Mac no Haha hes not actually my uncle it was a joke because you know everyone has the rich uncle

Hey everyone,

I'm looking for people that would be interested in getting into franchising!! We would buy into a franchise, get it rolling, depreciate it, take the profits and invest it into realestate. We could expand both at the same time and have two cash flow streams going. I'm motivated and ready to get this thing rolling. Feel free to comment or message me if you're interested. Advice and suggestions are always welcome too.

"Pay the price today so you can pay any price tomorrow." -my uncle Grant Cardone

Hello everyone,

I'm curious if anyone has or is in the process of using SFM to get into apartment buildings.

I know alot of people that are getting SFM HOMES that cashflow 300-500 a month with tenants already in for around 100k. So I'm curious as to why people dont get like 10 of those with a 25% down within a 5 year timeline while still working their day job. The homes would be pretty simple to finance using a heloc from a personal residence or home equity loan. Once you get like two or three They would just reproduce down payments on their own. This would also boost your income allowing you to save more for an apartment complex. In my opinion you could save 100 to 250k for an apartment complex faster and it would boost your net worth and kind of start a track record for you to the bank and future investors. Use that money to get like a 10 or 20 unit. Go in add value you boost rents and cap rate and get out with a profit. You could then quit your day job to focus fully on apartments because you have your SFMs paying your expenses and you have the money from the previous deal to use on the next, then move up from there.

I know they are two separate ventures and dont work the same at all, however I think it's better then saving for seven to 10 years to do the same thing plus you would still have to work a full time job. Any opinions, advice positive or negative are welcomed and appreciated. Thanks for everyone time!